Summary:
- The article discusses the potential for the U.S. dollar to weaken or "debase" in the coming years, as the Federal Reserve and other central banks around the world take actions to support their economies during the COVID-19 pandemic.
- It explains that the massive increase in government spending and money printing by central banks could lead to higher inflation, which would reduce the value of the U.S. dollar compared to other currencies.
- The article suggests that investors may want to consider diversifying their portfolios by investing in assets like gold, real estate, or foreign currencies, which could perform better than the U.S. dollar in an environment of dollar debasement.